The stock of magicJack VocalTec Ltd (NASDAQ:CALL) is a huge mover today! The stock increased 5.51% or $0.38 on November 23, hitting $7.18. About 104,248 shares traded hands or 28.95% up from the average. magicJack VocalTec Ltd (NASDAQ:CALL) has risen 22.53% since April 22, 2016 and is uptrending. It has outperformed by 17.12% the S&P500.
The move comes after 5 months positive chart setup for the $114.46M company. It was reported on Nov, 24 by Barchart.com. We have $7.61 PT which if reached, will make NASDAQ:CALL worth $6.87M more.
Analysts await magicJack VocalTec Ltd (NASDAQ:CALL) to report earnings on March, 21. They expect $0.15 EPS, down 48.28% or $0.14 from last year’s $0.29 per share. CALL’s profit will be $2.39M for 11.97 P/E if the $0.15 EPS becomes a reality. After $0.23 actual EPS reported by magicJack VocalTec Ltd for the previous quarter, Wall Street now forecasts -34.78% negative EPS growth.
According to Zacks Investment Research, “magicJack VocalTec Limited, formerly known as VocalTec Communications Limited provides software-driven solutions for the deployment of next-generation, IP (Internet protocol)-based international and long-distance telephony networks and related enhanced services. The Company provides routing and business powering enhanced services. Its services include International and Long-Distance Calling, Voice VPN (virtual private network), Calling Card, Exchange Carriers and Voice-enhanced e-commerce. magicJack VocalTec Limited is based in Netanya, Israel.”
Insitutional Activity: The institutional sentiment decreased to 0.54 in Q2 2016. Its down 0.02, from 0.56 in 2016Q1. The ratio turned negative, as 8 funds sold all magicJack VocalTec Ltd shares owned while 24 reduced positions. 1 funds bought stakes while 17 increased positions. They now own 6.70 million shares or 8.59% less from 7.33 million shares in 2016Q1.
Art Advisors Ltd Limited Liability Company holds 0.01% or 22,286 shares in its portfolio. Wells Fargo & Company Mn has invested 0% of its portfolio in magicJack VocalTec Ltd (NASDAQ:CALL). Spot Trading Lc holds 11,764 shares or 0% of its portfolio. Qs Ltd Limited Liability Company has invested 0% of its portfolio in magicJack VocalTec Ltd (NASDAQ:CALL). Perritt Cap last reported 0.09% of its portfolio in the stock. Moreover, Credit Suisse Ag has 0% invested in magicJack VocalTec Ltd (NASDAQ:CALL) for 19,090 shares. Moreover, Macquarie Ltd has 0% invested in magicJack VocalTec Ltd (NASDAQ:CALL) for 123,200 shares. Moreover, Morgan Stanley has 0% invested in magicJack VocalTec Ltd (NASDAQ:CALL) for 600,814 shares. Penbrook Mgmt Ltd Liability Com has invested 0.86% of its portfolio in magicJack VocalTec Ltd (NASDAQ:CALL). Citigroup holds 2,319 shares or 0% of its portfolio. Archon Management Ltd Liability holds 2.38% or 315,000 shares in its portfolio. Next Group Inc Inc accumulated 0.01% or 4,000 shares. Smith Asset Management Grp L P holds 0% of its portfolio in magicJack VocalTec Ltd (NASDAQ:CALL) for 13,710 shares. Moreover, Geode Ltd has 0% invested in magicJack VocalTec Ltd (NASDAQ:CALL) for 39,067 shares. Moreover, Allianz Asset Management Ag has 0% invested in magicJack VocalTec Ltd (NASDAQ:CALL) for 41,264 shares.
More recent magicJack VocalTec Ltd (NASDAQ:CALL) news were published by: Prnewswire.com which released: “Q Advisors Represents Broadsmart in its Acquisition by magicJack VocalTec Ltd.” on March 24, 2016. Also Marketwatch.com published the news titled: “magicJack VocalTec Ltd.” on October 08, 2010. Nasdaq.com‘s news article titled: “Earnings Reaction History: magicJack VocalTec, Ltd., 87.5% Follow-Through …” with publication date: November 09, 2016 was also an interesting one.
CALL Company Profile
magicJack VocalTec Ltd. (magicJack VocalTec), incorporated on March 14, 1989, and its subsidiaries is a cloud communications company. The Firm provides magicJack devices and other magicJack services and products. magicJacks weigh over one ounce and plugs into the universal serial bus (USB) port on a computer or into a power adapter and high speed Internet source, providing users with complete phone service for home, enterprise and while traveling. The Firm also provides additional services and products, which include voice applications on smart phones, as well as the magicJack PLUS, magicJack GO and magicJack EXPRESS, which are updated versions of the magicJack device that have their own central processing unit (CPU) and can connect a regular phone directly to the users broadband modem/router and function as a standalone phone without using a computer. The Company’s services and products allow users to make and/or receive free telephone calls to and from anywhere in the world where the customer has broadband access to the Internet, and allows clients to make free calls back to the United States and Canada from anywhere legally permitted in the world.
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